After the post some people wanted to know if my forecast has changed. Quite the contrary, I think S&P rating outlook downgrade may signal the upcoming improvement in equity performance.
So I think:
- A revival of sorts may happen by July this year, peaking around December.
- Analysts will start upgrading around October by which time I expect the move would be reasonably underway.
- I think a good strategy should be to invest in any weakness.